ARKW vs. SMH
Compare and contrast key facts about ARK Next Generation Internet ETF (ARKW) and VanEck Vectors Semiconductor ETF (SMH).
ARKW and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKW is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKW or SMH.
Key characteristics
| ARKW | SMH | |
|---|---|---|
| YTD Return | 1.11% | 24.51% |
| 1Y Return | 64.85% | 79.83% |
| 3Y Return (Ann) | -17.69% | 24.10% |
| 5Y Return (Ann) | 8.04% | 32.99% |
| Sharpe Ratio | 2.05 | 2.78 |
| Daily Std Dev | 33.30% | 28.53% |
| Max Drawdown | -80.01% | -95.73% |
| Current Drawdown | -57.93% | -7.02% |
Correlation
The correlation between ARKW and SMH is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ARKW vs. SMH - Performance Comparison
In the year-to-date period, ARKW achieves a 1.11% return, which is significantly lower than SMH's 24.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ARKW vs. SMH - Expense Ratio Comparison
ARKW has a 0.76% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
ARKW vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and VanEck Vectors Semiconductor ETF (SMH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ARKW vs. SMH - Dividend Comparison
ARKW has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.48%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKW ARK Next Generation Internet ETF | 0.00% | 0.00% | 0.00% | 2.79% | 1.29% | 0.00% | 13.06% | 2.05% | 0.00% | 2.29% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.48% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
ARKW vs. SMH - Drawdown Comparison
The maximum ARKW drawdown since its inception was -80.01%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for ARKW and SMH. For additional features, visit the drawdowns tool.
Volatility
ARKW vs. SMH - Volatility Comparison
The current volatility for ARK Next Generation Internet ETF (ARKW) is 9.33%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 10.09%. This indicates that ARKW experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.